LXi REIT secures £19.5m of acquisitions

Lok n Store

Source: Shutterstock/Jevanto Productions

LXi REIT completed £19.5m of long-let forward funding acquisitions reflecting an accretive 5.1% average net initial yield.

The company has exchanged contracts on the pre-let forward funding of a Lidl food store and a Lok n’ Store self-storage facility in Basildon, Essex.

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